Standard Glass Lining IPO allotment status is not available right now. Allotment status will be made available on January 9, 2025, as per the timeline provided in the red herring prospectus (RHP) of the IPO.
The grey market premium (GMP) for Standard Glass Lining has surged to approximately INR 95, indicating a potential listing gain of around 68% for investors. This suggests that shares could debut at about INR 235 in the market. This robust performance reflects strong investor confidence in Standard Glass Lining’s business model and growth prospects as a prominent manufacturer of glass-lined equipment, primarily serving India’s pharmaceutical and chemical sectors.
Standard Glass Lining’s initial public offering (IPO) has attracted significant interest from investors, achieving a remarkable subscription rate of nearly 182.44 times the shares available by the closing day on January 8, 2025. The IPO generated excitement among investors, with bids surpassing INR 74,809 crore. This strong demand highlights the market’s confidence in the company. Breaking down the subscriptions by investor category:
- Qualified Institutional Buyers (QIBs): Subscribed an impressive 331.60 times.
- Non-Institutional Investors (NIIs): Showed robust demand at 267.94 times.
- Retail Individual Investors (RIIs): Subscribed 63.77 times.
This overwhelming response underscores the optimism surrounding Standard Glass Lining Technology as it prepares for its upcoming listing.
The stock is set to be listed on January 13, with much anticipation surrounding the allotment process beforehand. Once the allotment process is finalized and refunds are initiated, shares are likely to be credited to successful investors’ demat accounts by January 10.
Here are a few methods to verify the Standard Glass Lining IPO allotment status.
Table of Contents – Standard Glass Lining IPO Allotment Status
#1 Registrar Website – Most effective way to check Standard Glass Lining IPO allotment status
After an IPO has finished accepting subscriptions, the issue registrar takes over the next steps. The registrar handling this case is KFin Tech. Investors can easily visit its website and navigate to Standard Glass Lining from a list of options provided to check their allotment status by entering any of the details given.
- PAN
- IPO Application Number (CAF Number)
- Beneficiary ID (NSDL or CDSL Demat Account Number)
Registrar websites can get busy during allotment days and may slow down significantly; however, KFin Tech seems to have a reliable infrastructure, in place to handle that load better than most others do in such situations. Nevertheless, it is always advisable to explore multiple options.
#2 BSE Website
You can also verify the status of the Standard Glass Lining IPO allotment by visiting the IPO allotment page on the BSE website. However, investors need to have both the application number and PAN to check using this method. Just choose equity select the IPO enter your application number and PAN to view the status.
The Bombay Stock Exchange (BSE) boasts a website infrastructure that ensures investors encounter minimal issues, like slow loading times or unresponsiveness when using it.
#3 Bank Account Debit/Removal of Lien
If you haven’t found what you’re looking for yet in your search results up to now, it could be worth checking your bank account. Many banks have systems in place and send updates on account balances to customers through various means such, as text messages. So you might not even have to log in to banking.
Suppose the investor’s request has been approved successfully. In that case, their application is accepted for a single lot in the Standard Glass Lining IPO at INR 14,980 per lot will be debited from their account accordingly. If the application is not successful the amount that was put on hold for the application will reflect as an increase in the bank account balance.
Upon allocation of shares in an IPO, the balance in the bank account decreases by the corresponding sum of money allocated for the shares purchased. It is crucial to understand that the process of IPO allotment and the subsequent deduction of funds, from a bank account are occurrences; however, there are instances where these events occur almost simultaneously.
#4 Credit of Shares in Demat Account
If everything else has failed, you can check your demat account for credit of shares. However, this approach is the slowest of all the methods. In many cases, shares may be credited on the day of listing as well, effectively taking away all the fun of allotment.
Standard Glass Lining IPO Allotment FAQs
When is the Standard Glass Lining IPO allotment expected?
Standard Glass Lining IPO allotment status will be available today, as per the timeline provided in the red-herring prospectus (RHP).
When will the Standard Glass Lining IPO get listed?
The Standard Glass Lining IPO is planned to list the shares on January 13, 2025, at BSE and NSE.
Where to check Standard Glass Lining IPO allotment status?
Standard Glass Lining IPO allotment status is expected today. Click the green button Standard Glass Lining IPO Allotment status above to check the allotment. Note the button remains disabled until the allotment is available online.
